1:10 Stock Split, 1:4 Bonus Issue: Small Cap Stock Approves, 1 Yr Return 992%

Small cap stock operating in Trading Sector, IFL Enterprises Ltd approved 1:10 stock split and 1:4 bonus issue. The stock delivered return of 992% in last 1-year. Last trading price of IFL Enterprises Ltd is Rs 154.60 apiece. The company has a market capitalisation of Rs 281.25 crore. Check details below:

IFL Enterprises Approves Stock Split: According to the BSE filing of the company, "Approval for stock split (sub-division of equity shares) of Company's 01 (One) equity share of face value of Rs. 10/- each into 10 (Ten) equity shares of face value of Rs. 01/- each, subject to the approval of shareholders to be obtained by Postal Ballot and other approvals as may be required. In this respect the record date shall be decided by the board and will be intimated to exchange."

IFL Enterprises Approves Bonus Issue: According to the regulatory filing, "Issuance of Bonus issue of equity shares in proportion of 01 (one) equity share of Rs. 01/- each for every 04 (Four) equity shares of Rs. 01/- each held by the shareholder of the Company as on record date, subject to the approval of shareholders by Postal Ballot. In this respect the record date shall be decided by the board and will be intimated to exchange."

IFL Enterprises Stock Performance & Return: Last trading price of IFL Enterprises is Rs 154.60 apiece. The stock's 52-week high is Rs 183.90 apiece and 52-week low is Rs 13.50 apiece, respectively. The stock gave 992% return in last 1-year, 1372% return in last 2-years, and 2992% return in last 3-years.

IFL Enterprises About: It is engaged in the business of acquisition, trading of shares, stocks, bonds etc. It also carries on the business of all kinds of fabrics and other similar products. It was originally incorporated in the National Capital Territory of Delhi as SARTHAK SUPPLIERS PRIVATE LIMITED on January 23, 2009 vide Certificate of Incorporation issued by the Registrar of Companies, NCT of Delhi & Haryana.

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